August 2025 | Engagement Announcement

Portage Point Partners Engaged in Five High-Profile Chapter 11 Filings Since July 1

Portage Point Partners, a blue chip advisory, consulting, interim management, investment banking and financial services firm focused on the middle market, is serving as restructuring advisor in five recent and notable Chapter 11 cases – Merit Street Media, Linqto, Maverick Gaming, Wag! and Avant Gardner. These engagements underscore the firm’s reputation for delivering transformative solutions in complex, high-stakes environments. Portage Point is providing restructuring advisory services to all five clients and investment banking services to Merit Street Media and Avant Gardner.

imageLinqto, a digital investment platform, filed on July 7, 2025 in the Southern District of Texas.imageMaverick Gaming, a regional gaming operator, filed on July 14, 2025 in the Southern District of Texas.imageWag!, a technology platform for on-demand pet care services, filed on July 21, 2025 in the District of Delaware.imageAvant Gardner, the operator of New York’s club Brooklyn Mirage, filed on August 4, 2025 in the District of Delaware.

Merit Street Media, a multi-cast television network and streaming service, filed on July 2, 2025 in the Northern District of Texas.
Linqto, a digital investment platform, filed on July 7, 2025 in the Southern District of Texas.
Maverick Gaming, a regional gaming operator, filed on July 14, 2025 in the Southern District of Texas.
Wag!, a technology platform for on-demand pet care services, filed on July 21, 2025 in the District of Delaware.
Avant Gardner, the operator of New York’s club Brooklyn Mirage, filed on August 4, 2025 in the District of Delaware.

“Our involvement in these diverse Chapter 11 cases across a variety of industries highlights the continued growth and trusted reputation Portage Point has earned as a partner for companies navigating the most urgent and complex operational and financial challenges,” commented Tom Studebaker, Managing Director and Co-Head Turnaround & Restructuring Services at Portage Point.

“The ability to advise on both the investment banking and restructuring aspects of Merit Street and Avant Gardner allows us to deliver integrated strategic and financial guidance, aligning operational turnaround efforts with investment banking solutions,” added Jason Cohen, Managing Director and Head of Investment Banking at Portage Point. “This unified approach enhances communication, eliminates redundancies and expedites the Chapter 11 process, while helping to reduce overall advisory costs.”

Learn more about the Turnaround & Restructuring Services and Investment Banking practices.

Investment Banking Services are offered through Triple P Securities, LLC. Member FINRA SIPC. Firm details on FINRAs BrokerCheck.

SELECT ENGAGEMENTS

McCabe Construction
Nomi Health
Cordillera
Continental Batteries
Avant Gardner
Loris
Wag!
Club Pilates
Planet Fitness
Campbell’s Boatyard
Dream Clean Car Wash
Riser Fitness
The Hinckley Company
Beauty Counter
Madison Square Boys & Girls Club
Aimia
Kaspien
Hudson Crossing
Elite Surfaces Infrastructure
Bay Bridge Marina
Progressive Roofing
The Shaw Group
People2.0
Premier Electric
Onnit
Mallinckrodt Pharmaceuticals
Omega Therapeutics
Digital River
QC Supply
Blink Fitness
Naviga
Digital Media Solutions
Pallet-Ops
Tank Holdings
Multi-Color Corporation
American Airlines
Supply Source
Eddie Bauer
Liberty Tire
Libbey Glass
GST Autoleather
Sidewinder Drilling
zGallerie
Carestream
MHW
Blue Harvest Fisheries
NextPoint
Talogy
Nogin
IPSEN
Wild Wing Cafe
Appgate
Ambri
Polyventive
Kindthread
LKCM Headwaters
Khoros
KanPak
Stampede Meat
Dunkin Donuts
Contessa
CSM Bakery Solutions
Arro
Merriam Webster
Aramex
Erickson
Republic Services
Imperial Dade
Maersk
Time Manufacturing
Nephron Pharmaceuticals
Agerion Pharmaceuticals
VistaPharm
Insys
Jefferson Dental Care
Resurgence Financial Services (RFS)
Payarc
Ditech Holding
Residential Capital Partners
EVO
Schumacher Electric
Quality Oil
Safari Energy
McDermott
Peabody Energy
Contrura
Bucaneer Energy
Lifelong Learner
Composites Horizons
NorthStar Air
Silver Airways
PrimeFlight
OAI
Aveos
Boeing
DeCrane Aircraft
Desser Aerospace
Motorsport Aftermarket Group
Principle Business Enterprises
Performance Powersports Group
Virtex
Tribe Capital
Sendero Midstream
Lycra
Monongahela Valley Hospital (MVH)
Holy Cross Health
Friendship Village
AIM Altitude
Noise & Vibration Technologies (aka NVT)
Tucker
Valentus
Virtus
Yandy
Kognitive
Marana
Nebula
Vanderbend
United Services Companies
OnePacs
NextEdge
MusclePharm
The Comfy
KKSP Precision Manchining
Naylor
Stubhub
Step2
Rimkus
Kaizen Collision Center
Center for Autism and Related Disorders (CARD)
GCR
JMB Shipping
TOMS
Islet Sciences
Jansy
Inspirion Delivery Sciences
Innovative Labs
Incipio
Flores
Guy & O’Neill
Global Automotive Systems
Engine Group
Energold group
Endurance Environmental Solutions
Eckler’s
Eaglestone Holdings
Dura Automotive
DermaRite
Dawn
Cracker Barrel
Car Outlet
Colson Group
Ceruzzi Properties
Civix
Picture People
China Fishery Group
Beverly Community Hospital Association
Behavioral Health Network
Bako Diagnostics
AutoPlus
AppHarvest
Aphena Pharma Solutions, Inc.
Aegion
Advanced Converting Works, Inc.
Alamo Drafthouse Cinemas
Alex and Ani
Benitago
Loot Crate
Eriks
Voyager Digital
Three Arrows Capital
Tuesday Morning
Triangle Petroleum Corporation
Trax Group
Trans World Entertainment
Teligent
Synergy Pharmaceuticals
StorCentric
Sinai Health
Samus Therapeutics
Rupari
Plastiq
Pipeline Health
Partners In Performance (PIP)
Paragon Metals
Outcome Health
Nelbud Services Group
Myron Corporation
Melinta Therapeutics
MCS
Maurice Sporting Goods
Luminator Technology Group
Intelsat
Hornbeck Offshore Services
Faraday Future
Express Jet
Etailz
Eyecare Services Partners
Dayco
Carlson Worldwide Travel
Complete Nutrition
Compute North
Cashman Equipment
Channel Control Merchants LLC
Color Communications
Encyclopedia Britannica
Bridge
Bouchard Transportation Co., Inc.
Big Village
Ascent Aviation Services
APC Automotive Technologies
Alert 360
Healthcare Linen Service Group
Summit Packagaing